Futures markets are also expecting a rate cut. Investors peg the chances of a quarter-point interest rate cut at nearly 96%, ...

The dollar slipped for a second straight session on Wednesday, a day after a U.S. inflation reading increased expectations of ...

Treasury Secretary Scott Bessent is pushing for 50 bps to offset missed opportunities earlier this summer, but some analysts ...

Federal Reserve Chair Jerome Powell is likely to push back on growing investor expectations for a September interest-rate cut, as the rate-setting committee is still divided over its next move.

Treasury Secretary Scott Bessent on Wednesday urged central bankers to issue a half-point cut at next month’s meeting – breaking from his zipped-lip stance on the Fed’s monetary agenda. Bessent said ...

The current Federal Reserve interest rate is significantly higher than necessary and should be lowered, Treasury Secretary ...

Politics aside, most Fed officials agree that rates will fall this year, with the median "dot plot" in the Fed's June Summary ...

Markets rose Wednesday on growing hopes of US interest rate cuts after soft inflation data, with Japan's Nikkei hitting a ...

Tuesday morning after the report was released, Trump took to social media to say Fed chair Jerome Powell "must NOW lower the ...

Two of the major three stock indices closed at all-time highs Tuesday amidst speculation that the Federal Reserve may reduce ...

President Donald Trump on Tuesday threatened to allow a “major lawsuit” against Federal Reserve Chairman Jerome Powell to proceed, escalating his pressure on the central bank leader to cut interest ...

WASHINGTON: President Donald Trump said on Tuesday (Aug 12) he might allow "a major lawsuit against" the United States ...